Marvell Technology Reports Change in Control

Ticker: MRVL · Form: 8-K · Filed: 2024-09-16T00:00:00.000Z

Sentiment: neutral

Topics: change-of-control, corporate-action

Related Tickers: MRVL

TL;DR

MRVL filed an 8-K for change in control - details TBD.

AI Summary

Marvell Technology, Inc. filed an 8-K on September 16, 2024, reporting a change in control as of September 15, 2024. The filing does not provide specific details on the nature of the change in control or any associated parties or financial figures.

Why It Matters

A change in control can significantly impact a company's strategic direction, management, and shareholder value, requiring investors to closely monitor subsequent disclosures.

Risk Assessment

Risk Level: medium — A change in control event is inherently significant and can lead to substantial shifts in the company's operations and valuation.

Key Players & Entities

FAQ

What specific event triggered the 'Change in Control' filing for Marvell Technology, Inc.?

The filing states that a change in control occurred as of September 15, 2024, but does not specify the exact event or transaction that led to this change.

Who are the parties involved in this change of control?

The filing does not disclose the names of any individuals or entities involved in the change of control.

Are there any financial implications or transaction values associated with this change of control reported?

No specific dollar amounts or financial details related to the change of control are provided in this initial 8-K filing.

When was the earliest event reported that led to the change in control?

The earliest event reported that led to the change in control was on September 15, 2024.

What is the filing date of this Current Report (8-K)?

The filing date of this Current Report (8-K) is September 16, 2024.

From the Filing

0001835632-24-000151.txt : 20240916 0001835632-24-000151.hdr.sgml : 20240916 20240916160718 ACCESSION NUMBER: 0001835632-24-000151 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240915 ITEM INFORMATION: Changes in Control of Registrant FILED AS OF DATE: 20240916 DATE AS OF CHANGE: 20240916 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Marvell Technology, Inc. CENTRAL INDEX KEY: 0001835632 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 853971597 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 241301099 BUSINESS ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: (302) 295-4840 MAIL ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 8-K 1 mrvl-20240915.htm 8-K mrvl-20240915 0001835632 false 0001835632 2024-09-16 2024-09-16 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 8-K _________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: September 15, 2024 (Date of earliest event reported) _________________________ MARVELL TECHNOLOGY, INC. (Exact name of registrant as specified in its charter)  _________________________ Delaware 001-40357 85-3971597 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 1000 N. West Street , Suite 1200 Wilmington , Delaware 19801 (Address of principal executive offices, including Zip Code) ( 302 ) 295-4840 (Registrant’s telephone number, including area code) _________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol   Name of each exchange on which registered Common Stock   MRVL   The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).                    Emerging growth company     ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ¨ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Dr. Ford Tamer, a member of the Board of Directors of Marvell Technology, Inc. (the “Company”), notified the Company of his decision to resign from the Board effective as of September 15, 2024. Dr. Tamer’s resignation is not the result of any dispute or disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company.   Item 9.01 Financial Statements and Exhibits.     (d) Exhibits.   104 Cover Page Intera

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